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ViZn Energy Systems
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Short description

Developer of sustainable energy storage solutions for smart grid applications

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Columbia Falls, MT Columbia Falls, United States
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Updated by Cleantech Group on 11/25/2019

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Date Company
08/18/2015

Hecate Energy Hecate Energy

ViZn Energy Systems won a contract with Hecate Energy to supply a 2 MW zinc-iron redox flow battery system for the provision of ancillary services to the Ontario grid operated by the Independent Electricity System Operator (IESO).

Confirmed by Hecate Energy

Partnerships
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Date Partner Type
06/02/2015
Jabil Jabil
ViZn has entered into a strategic relationship with Jabil Circuit to manufacture ViZn's redox flow batteries in its state-of-the-art manufacturing facilities. Jabil will help ViZn ramp up production capabilities of its flow batteries to fulfill current orders, and expand its capacity to meet expected delivery commitments over the next 12 months.
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Confirmed by Jabil
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IPO INFORMATION

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Exchange listed

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Description

Date Investors Type Amount
06/20/2018 (0)
Post-money valuation of
Investors remain unnamed, but the round was led by an energy industry PE fund and several long-standing investors.
Growth Equity $15,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

zinc-based container

- 60 kW/ 160 kWh unit - zinc-oxide redox flow battery-based 20 foot container - Configurable for both power and energy - 20-year battery lifetime - can use 100% SoC for heavy duty cycles without lifetime degradation - fast response time

Wide Commercial Availability
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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